Hong Kong-listed mobile-game developer XD Inc. (02400) filed a Next Day Disclosure Return showing continued execution of its share repurchase programme authorised on 28 May 2026. Key takeaways are:
• Latest transaction: On 26 June 2026 the company repurchased 184,000 ordinary shares on the Stock Exchange of Hong Kong at prices ranging between HKD 42.54 and HKD 43.70, for an aggregate consideration of HKD 7.95 million. The volume-weighted average price was HKD 43.21 per share.
• Cumulative activity: From 12 to 26 June 2026, XD Inc. bought back a total of 1.70 million shares that are pending cancellation. This represents 0.35% of the 489.31 million shares in issue when the mandate was granted.
• Capital structure: Following the latest buy-back, the issued share capital remains at 489.31 million shares, as the repurchased shares have not yet been cancelled.
• Repurchase headroom: The current authorisation allows the company to repurchase up to 48.93 million shares. After the recent transactions, 47.23 million shares, or about 9.65% of outstanding share capital, remain available under the mandate.
• Moratorium: In line with Hong Kong listing rules, XD Inc. is restricted from issuing new shares or transferring treasury shares until 26 July 2026—30 days after the most recent repurchase.
The disclosure confirms that all repurchases were executed in compliance with the Hong Kong Stock Exchange regulations and without material changes to the company’s previously filed explanatory statement.
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